U.S. approves new generic drug for Hepatitis C drug, hepatitis C drugmakers say

U.N. Secretary-General Antonio Guterres said Thursday that the United States had approved a generic version of the hepatitis C vaccine that can be given to pregnant women and young children, and it has the potential to be used widely in other countries.Guterres spoke on the sidelines of the World Health Assembly, a gathering of leaders…

Al Jazeera: The saga of Merrimack Pharmaceuticals (AMP) and the company that owns it

Al Jazeera’s Al Jazeera Investigations team is investigating the story of the pharmaceutical company Merrimacks.In December 2015, Merrimacs stock was trading at $3.62, an increase of more than 300% over the previous year.The company has since gone on a buyback programme that has seen it acquire stakes in some of the most profitable pharmaceutical companies…

The ‘biggest and best’ medical device companies are still in the ‘grey’ of FDA approval

3 months ago – It’s time to talk about the biggest and best medical device manufacturers. We’re not talking about those like Microsoft or Google or Apple, but the ones that actually make medical devices and make it work. The best ones are in the $1,500-$2,000 range.The best devices in this category are: The Medtronic  (X4 Pharmaceuticals)  and Boeing  Medical…

The ‘most dangerous drug on Earth’ is coming to a drugstore near you

The FDA just released its most comprehensive drug-drug interaction report ever, with the findings showing that many prescription drugs and cosmetics are laced with harmful substances.Here are some of the highlights:In 2016, nearly two-thirds of prescription drugs tested positive for at least one of the potentially harmful substances, including oxycodone and hydrocodone, according to the…

Bayer’s $9.5 billion bid to acquire Roche’s U.S. drug unit is an ‘absolute disaster’

Bayer’s bid to buy U.K.-based Roche, one of the world’s largest drugmakers, is a “total disaster,” according to a report released Monday.The company is also seeking to take over Pfizer’s drug division.The report, titled “Bayer’s Roche bid to take Pfizer drug unit off the shelf” by the Washington Post’s Paul Farhi, says that the deal…

Zynerba Pharmaceuticals stock price hits all-time high

Catalyst Pharmaceuticals (zynerbac) is up 12% in premarket trading on Friday, bringing its market cap to $19.5bn.The stock has been trending up since the start of the year.The company announced in January that it was launching a treatment for a rare and aggressive form of cancer called Rheumatoid Arthritis.The company has also announced it will…

Bellicum Pharmaceuticals: The Pharmaceuticals of the Future

bellicum pharmaceutical is one of the world’s largest and most profitable pharmaceutical companies.Bellicum is one among the leading innovators in the field of pharmaceuticals.Founded in 1998, Bellicum has become a leader in the development and commercialization of innovative medicines.Bellumans medicines are made using the most advanced materials, including advanced nanotechnology, new materials, and a new…

AstraZeneca sells up to $4bn of stock, raising eyebrows

Astra Zeneca is selling up to half its stock in an attempt to reduce a massive market-wide sale of the company’s generic drug business.The drugmaker is raising $4.3bn in the latest round of financing and plans to raise more than $8bn over the next 12 months, according to an investor presentation published Thursday.The company also…

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